9-11, 2 wars, Clinton's recession, Enron, 6 major hurricanes

JRK

Senior Member
Feb 27, 2011
7,488
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48
Turned the GOPS surplus into a deficit


Newt Gingrich and company -- for all their faults -- have received virtually no credit for balancing the budget. Yet today's surplus is, in part, a byproduct of the GOP's single-minded crusade to end 30 years of red ink. Arguably, Gingrich's finest hour as Speaker came in March 1995 when he rallied the entire Republican House caucus behind the idea of eliminating the deficit within seven years.

https://www.cato.org/dailys/10-08-98.html
 

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